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(CNN)   SEC apparently has nothing better to do, begins probe of Netflix over Facebook posts   (money.cnn.com) divider line 64
    More: Asinine, Securities and Exchange Commission, Netflix, Facebook  
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5035 clicks; posted to Main » on 07 Dec 2012 at 12:11 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-12-07 02:32:21 PM

foxyshadis: wee beastie: Silverstaff: So, the SEC wants copies of all Facebook posts released as formal press releases?

Sounds like a 20th century law colliding with 21st century technology.

No, the SEC doesn't want company representatives making financially material statements over facebook, twitter, youtube or whatever. They want a press release that goes accross the newswires.

I'm a stock analyst with a reputable bank. Our bank has webfilters. I cannot view fb, twitter, youtube, etc. because they are blocked. This means it was selective disclosure, that not everyone could readily see or verify. That is why it is illegal.

However, they can also just upload a press release on their website and call it a day, which is significantly more selective; overall the audience of the post was likely much wider than their website. From now on, they'll probably just upload the same statement to FB and their website at once.


You don't have to authenticate to get it off the NetFlix site. Therefore, more public. More eyes may be on it on FB, but it is not actually public.
 
2012-12-07 02:43:09 PM
OH HAI GUYZ - DID NE 1 POINT OUT THAT SEC IS ALSO A CONFERENCE? JAJA!!11!

Oh...

Oh.

I see.

/backs out slowly
 
2012-12-07 02:43:55 PM

dustygrimp: And it is non-public because FB is password protected and one must sign up to gain access. Could one make the mistake that they think it's public cuz its on FB? Yes, but there are provisions for accidental leaks in the regs. This CEO wants to make new regs so he can shout boasts of prowess that end with a hash tag.


I just checked. You do not need to be logged in to facebook to view www.facebook.com/netflix
 
2012-12-07 02:46:10 PM

JesseL: dustygrimp: And it is non-public because FB is password protected and one must sign up to gain access. Could one make the mistake that they think it's public cuz its on FB? Yes, but there are provisions for accidental leaks in the regs. This CEO wants to make new regs so he can shout boasts of prowess that end with a hash tag.

I just checked. You do not need to be logged in to facebook to view www.facebook.com/netflix


Or to view the posting in question: www.facebook.com/reed1960/posts/10150955446914584
 
2012-12-07 02:52:22 PM
We have to get a mile of cars!

content.internetvideoarchive.com
 
2012-12-07 02:56:59 PM
Chip,
Not to be picky but a) Texas and Oklahoma are in the Big 12 not the SEC and b) Damn it you didn't post a Carolina Girl.... Allow me

www.athlonsports.com
 
2012-12-07 03:04:10 PM

JesseL: dustygrimp: And it is non-public because FB is password protected and one must sign up to gain access. Could one make the mistake that they think it's public cuz its on FB? Yes, but there are provisions for accidental leaks in the regs. This CEO wants to make new regs so he can shout boasts of prowess that end with a hash tag.

I just checked. You do not need to be logged in to facebook to view www.facebook.com/netflix


So there you go. Still doesn't match the regs because of their specificity with where the releases can be posted, but this should be enough to get the regulation changed, since it is actually public. Though the SEC might still require it be posted to the website on the grounds that not all investors use social media.
 
2012-12-07 03:06:27 PM

ChipNASA: [thechive.files.wordpress.com image 500x753]


As a State fan, I'm ok with this picture.
 
2012-12-07 03:09:43 PM

Netrngr: Chip,
Not to be picky but a) Texas and Oklahoma are in the Big 12 not the SEC and b) Damn it you didn't post a Carolina Girl.... Allow me

[www.athlonsports.com image 250x340]


I know, I was running out of SFW photos.....
{;-D
 
2012-12-07 03:22:40 PM

ChipNASA: This Looks Fun: ChipNASA: [3.bp.blogspot.com image 350x360]

LOLshop. This is originally a SbB picture:
[img.baltgames.lv image 390x400]

Oh I saw that but hey, any excuse....


Not hating. You do good work. Just like to give credit where due (even to SbB).
 
2012-12-07 03:37:52 PM

This Looks Fun: ChipNASA: This Looks Fun: ChipNASA: [3.bp.blogspot.com image 350x360]

LOLshop. This is originally a SbB picture:
[img.baltgames.lv image 390x400]

Oh I saw that but hey, any excuse....

Not hating. You do good work. Just like to give credit where due (even to SbB).


Yeah, well bottom line is......

HAWT COLLEGE CHICKS!

img703.imageshack.us
 
2012-12-07 03:54:04 PM
ChipNASA:

Favorited.
 
2012-12-07 04:01:28 PM

Netrngr: Chip,
Not to be picky but a) Texas and Oklahoma are in the Big 12 not the SEC and b) Damn it you didn't post a Carolina Girl.... Allow me

[www.athlonsports.com image 250x340]


I was wondering what all the pictures were doing in this thread - not that I'm complaining, but Jesus H. Christ on a stick it's a sad thing when people see a news article about a publicly traded company and the SEC and they immediately think college football.
 
2012-12-07 04:14:32 PM

Happy Hours: Netrngr: Chip,
Not to be picky but a) Texas and Oklahoma are in the Big 12 not the SEC and b) Damn it you didn't post a Carolina Girl.... Allow me

[www.athlonsports.com image 250x340]

I was wondering what all the pictures were doing in this thread - not that I'm complaining, but Jesus H. Christ on a stick it's a sad thing when people see a news article about a publicly traded company and the SEC and they immediately think college football.


par·ty poop·er also par·ty-poop·er (pärt-ppr)
n. Slang
One who declines to participate with enthusiasm, especially in the recreational activities of a group.

party pooper [ˈpuːpə]
n
Informal a person whose behaviour or personality spoils other people's enjoyment.

party pooper - someone who spoils the pleasure of others
killjoy, spoilsport, wet blanket
colloquialism - a colloquial expression; characteristic of spoken or written communication that seeks to imitate informal speech
unwelcome person, persona non grata - a person who for some reason is not wanted or welcome
fuss-budget, fusspot, worrier, worrywart - thinks about unfortunate things that might happen

thefreedictionary.com
 
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